UPDATE 1-China central bank injects $58 bln of loans but keeps rates steady
China’s central bank extended
fresh short- and medium-term loans on Wednesday but kept the
borrowing cost unchanged, as it seeks to maintain adequate
liquidity in a slowing economy and ease a potential crunch ahead
of the Lunar New Year.
fresh short- and medium-term loans on Wednesday but kept the
borrowing cost unchanged, as it seeks to maintain adequate
liquidity in a slowing economy and ease a potential crunch ahead
of the Lunar New Year.
Posted by Reuters
